Analytics
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The simplest definition of [Analytics] is the science of analysis. In reality, the word Analytics has not been properly defined by [the professional] community and may mean different things to different people. A simple and practical definition, however, would be how an entity(i.e., business) arrives at the most optimal or realistic decision from a variety of available options, based on existing data. Business managers may choose to make decisions based on past experiences or [rule of thumb], or there might be other qualitative aspects to decision making; but unless there is data involved in the process, it would be considered beyond the purview of [analytics]. Another definition could be that Analytics is a field of study / profession that has applications in any field (business / social / political / home) where data is available.
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The systematic computational analysis of data or statistics.
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Bring your company to the next level.Start working SMARTER not HARDER. A software product by Viasql
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Increase your marketing campaign ROI through testing, analysis and reporting with a web-based app for campaign management. A software product by Cognesia
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a process in which a computer examines information using mathematical methods in order to find useful patterns:
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The principles governing any of various forms of analysis.
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